Flotek Industries, Inc. is a technology-driven company. The Company develops and supplies chemistry and services to the oil and gas industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The Company operates through two segments: Energy Chemistry Technologies (ECT), and Consumer and Industrial Chemistry Technologies (CICT). The ECT segment designs, develops, manufactures, packages and markets chemistries for use in oil and gas well drilling, cementing, completion and stimulation activities. Its ECT segment's services include Reservoir Characterization, Polymer Conformance and Logistics Management. The CICT segment sources citrus oil domestically and internationally, and processor of citrus oils in the world. The CICT segment designs, develops and manufactures products that are sold to companies in the flavor and fragrance industries and specialty chemical industry.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Equipment & Services
- Sub-Industry: Specialty Chemicals
- Symbol: NYSE:FTK
- CUSIP: 34338910
- Web: www.flotekind.com
Capitalization:- Market Cap: $601.17 million
- Outstanding Shares: 57,254,000
Average Prices:- 50 Day Moving Avg: $11.48
- 200 Day Moving Avg: $11.43
- 52 Week Range: $8.86 - $16.93
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 10.61
- P/E Growth: 3.40
Sales & Book Value:- Annual Revenue: $278.97 million
- Price / Sales: 2.15
- Book Value: $4.89 per share
- Price / Book: 2.15
Profitability:- EBIDTA: $3.1 million
- Net Margins: -17.01%
- Return on Equity: -4.80%
- Return on Assets: -3.59%
Debt:- Debt-to-Equity Ratio: 0.03%
- Current Ratio: 2.07%
- Quick Ratio: 1.43%
Misc:- Average Volume: 842,063 shs.
- Beta: 1.57
- Short Ratio: 15.31
Frequently Asked Questions for Flotek Industries (NYSE:FTK)
What is Flotek Industries' stock symbol?
Flotek Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTK."
How were Flotek Industries' earnings last quarter?
Flotek Industries Inc (NYSE:FTK) announced its quarterly earnings data on Wednesday, May, 3rd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.01. The company earned $80 million during the quarter, compared to analysts' expectations of $78.85 million. Flotek Industries had a negative net margin of 17.01% and a negative return on equity of 4.80%. The business's revenue was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.08) EPS. View Flotek Industries' Earnings History.
Who are some of Flotek Industries' key competitors?
Some companies that are related to Flotek Industries include Precision Drilling Corp (PDS), Seacor Holdings (CKH), Usa Compression Partners LP (USAC), VTTI Energy Partners LP (VTTI), Helix Energy Solutions Group (HLX), Basic Energy Services (BAS), Newpark Resources (NR), Bristow Group (BRS), Key Energy Services (KEG), TETRA Technologies (TTI), Emerge Energy Services LP (EMES), Natural Gas Services Group (NGS), Tesco (TESO), Matrix Service Co (MTRX), CARBO Ceramics (CRR), Geospace Technologies (GEOS), CSI Compressco LP (CCLP) and Parker Drilling Company (PKD).
Who owns Flotek Industries stock?
Flotek Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.86%), Vanguard Group Inc. (8.57%), Barrow Hanley Mewhinney & Strauss LLC (4.57%), Northpointe Capital LLC (2.66%), GW&K Investment Management LLC (2.23%) and State Street Corp (2.19%). Company insiders that own Flotek Industries stock include Carla S Hardy, John Reiland, Joshua A Snively, Kenneth Hern, L Melvin Cooper, Robert M Schmitz and Steven A Reeves. View Institutional Ownership Trends for Flotek Industries.
Who sold Flotek Industries stock? Who is selling Flotek Industries stock?
Flotek Industries' stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Bank of New York Mellon Corp, Stephens Investment Management Group LLC, Barrow Hanley Mewhinney & Strauss LLC, Ameriprise Financial Inc., JPMorgan Chase & Co., Dimensional Fund Advisors LP and Morgan Stanley. Company insiders that have sold Flotek Industries stock in the last year include John Reiland, Kenneth Hern and L Melvin Cooper. View Insider Buying and Selling for Flotek Industries.
Who bought Flotek Industries stock? Who is buying Flotek Industries stock?
Flotek Industries' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Frontier Capital Management Co. LLC, Stifel Financial Corp, Vanguard Group Inc., Pioneer Investment Management Inc., Summit Partners Public Asset Management LLC, State Street Corp and NBW Capital LLC. View Insider Buying and Selling for Flotek Industries.
How do I buy Flotek Industries stock?
Shares of Flotek Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Flotek Industries stock cost?
One share of Flotek Industries stock can currently be purchased for approximately $10.50.
Earnings History for Flotek Industries (NYSE:FTK)Earnings History by Quarter for Flotek Industries (NYSE:FTK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/3/2017 | Q1 2017 | ($0.02) | ($0.01) | $78.85 million | $80.00 million | View | Listen |  |
| 11/2/2016 | Q316 | ($0.02) | ($0.05) | $78.10 million | $73.70 million | View | N/A | |
| 7/26/2016 | Q216 | ($0.10) | ($0.04) | $65.00 million | $72.32 million | View | N/A | |
| 5/3/2016 | Q1 | ($0.05) | ($0.08) | $70.50 million | $72.20 million | View | N/A | |
| 1/27/2016 | Q415 | $0.01 | ($0.03) | $86.13 million | $77.00 million | View | Listen | |
| 10/21/2015 | Q315 | $0.05 | $0.04 | $92.77 million | $87.90 million | View | Listen | |
| 7/22/2015 | Q215 | ($0.04) | ($0.02) | $69.08 million | $87.00 million | View | Listen | |
| 4/22/2015 | Q115 | $0.18 | ($0.03) | $103.33 million | $82.37 million | View | N/A | |
| 1/27/2015 | Q414 | $0.29 | $0.29 | $121.31 million | $124.50 million | View | N/A | |
| 10/22/2014 | Q314 | $0.24 | $0.26 | $115.20 million | $116.80 million | View | N/A | |
| 8/6/2014 | Q214 | $0.24 | $0.20 | $108.08 million | $105.30 million | View | N/A | |
| 4/28/2014 | Q114 | $0.22 | $0.22 | $102.98 million | $102.60 million | View | N/A | |
| 2/10/2014 | Q413 | $0.18 | $0.20 | $100.00 million | $100.80 million | View | N/A | |
| 11/6/2013 | Q313 | $0.18 | $0.16 | $100.52 million | $98.40 million | View | N/A | |
| 8/7/2013 | Q2 2013 | $0.19 | $0.16 | $91.37 million | $93.60 million | View | N/A | |
| 5/9/2013 | Q1 2013 | $0.17 | $0.15 | $79.13 million | $78.20 million | View | N/A | |
| 3/13/2013 | Q4 2012 | $0.17 | $0.44 | $77.90 million | $76.70 million | View | N/A | |
| 11/7/2012 | Q312 | $0.21 | $0.28 | $83.32 million | $78.60 million | View | N/A | |
| 8/8/2012 | | $0.18 | $0.25 | | | View | N/A | |
| 5/9/2012 | | $0.18 | $0.07 | | | View | N/A | |
| 3/7/2012 | | $0.15 | $0.20 | | | View | N/A | |
| 11/9/2011 | | $0.09 | $0.21 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Flotek Industries (NYSE:FTK)2017 EPS Consensus Estimate: $0.41
2018 EPS Consensus Estimate: $1.05
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | ($0.01) | $0.10 | $0.05 |
| Q2 2017 | 3 | $0.03 | $0.12 | $0.08 |
| Q3 2017 | 3 | $0.10 | $0.15 | $0.13 |
| Q4 2017 | 3 | $0.13 | $0.17 | $0.16 |
| Q1 2018 | 1 | $0.21 | $0.21 | $0.21 |
| Q2 2018 | 1 | $0.24 | $0.24 | $0.24 |
| Q3 2018 | 1 | $0.28 | $0.28 | $0.28 |
| Q4 2018 | 1 | $0.32 | $0.32 | $0.32 |
| Q1 2019 | 1 | $0.33 | $0.33 | $0.33 |
(Data provided by Zacks Investment Research)
Dividend History for Flotek Industries (NYSE:FTK)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Flotek Industries (NYSE:FTK)Insider Ownership Percentage: 5.64%
Institutional Ownership Percentage: 99.62%
Insider Trades by Quarter for Flotek Industries (NYSE:FTK)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/15/2017 | Kenneth Hern | Director | Sell | 15,000 | $11.60 | $174,000.00 | |
| 2/22/2017 | John Reiland | Director | Sell | 15,000 | $12.73 | $190,950.00 | |
| 9/6/2016 | L Melvin Cooper | Director | Sell | 10,000 | $16.01 | $160,100.00 | |
| 1/14/2016 | Carla S Hardy | Director | Sell | 2,794 | $7.85 | $21,932.90 | |
| 11/17/2015 | Robert M Schmitz | CFO | Buy | 12,200 | $9.76 | $119,072.00 | |
| 11/4/2015 | John Reiland | Director | Sell | 4,380 | $19.21 | $84,139.80 | |
| 10/5/2015 | Joshua A Snively | EVP | Sell | 30,000 | $17.77 | $533,100.00 | |
| 9/14/2015 | Steven A Reeves | VP | Sell | 41,934 | $18.84 | $790,036.56 | |
| 8/19/2015 | Kenneth Hern | Director | Sell | 4,000 | $17.51 | $70,040.00 | |
| 4/13/2015 | Carla S Hardy | Director | Sell | 40,500 | $17.03 | $689,715.00 | |
| 2/25/2015 | Steven A Reeves | VP | Sell | 9,850 | $18.00 | $177,300.00 | |
| 2/9/2015 | John Reiland | Director | Sell | 10,000 | $17.53 | $175,300.00 | |
| 2/5/2015 | Steven A Reeves | VP | Sell | 19,840 | $17.10 | $339,264.00 | |
| 12/15/2014 | H. Richard Walton | CFO | Buy | 3,000 | $16.37 | $49,110.00 | |
| 11/21/2014 | John Chisholm | CEO | Sell | 50,000 | $23.09 | $1,154,500.00 | |
| 11/7/2014 | Joshua A Snively | EVP | Sell | 30,000 | $22.53 | $675,900.00 | |
| 10/13/2014 | Carla S Hardy | Director | Sell | 104,000 | $20.36 | $2,117,440.00 | |
| 9/8/2014 | Kenneth Hern | Director | Sell | 3,000 | $26.32 | $78,960.00 | |
| 5/28/2014 | John Reiland | Director | Sell | 8,000 | $28.78 | $230,240.00 | |
| 5/27/2014 | Carla S Hardy | Director | Sell | 65,000 | $27.74 | $1,803,100.00 | |
| 5/19/2014 | Carla Hardy | Director | Sell | 110,000 | $27.35 | $3,008,500.00 | |
| 5/16/2014 | Lv Mcguire | Director | Sell | 7,000 | $27.33 | $191,310.00 | |
| 4/14/2014 | John Chisholm | CEO | Sell | 20,000 | $29.12 | $582,400.00 | |
| 3/4/2014 | Steven Reeves | VP | Sell | 50,000 | $26.66 | $1,333,000.00 | |
| 2/4/2014 | John Chisholm | CEO | Sell | 50,000 | $20.91 | $1,045,500.00 | |
| 1/7/2014 | John Chisholm | CEO | Sell | 40,000 | $19.37 | $774,800.00 | |
| 12/23/2013 | Carla S Hardy | Director | Sell | 87,500 | $19.83 | $1,735,125.00 | |
| 10/28/2013 | John Chisholm | CEO | Sell | 13,000 | $22.39 | $291,070.00 | |
| 8/23/2013 | L Melvin Cooper | Director | Sell | 5,000 | $20.05 | $100,250.00 | |
| 8/15/2013 | John Chisholm | CEO | Sell | 50,000 | $18.91 | $945,500.00 | |
| 8/15/2013 | Marc Kevin Fisher | EVP | Sell | 15,000 | $19.03 | $285,450.00 | |
| 8/13/2013 | John Reiland | Director | Sell | 3,600 | $19.20 | $69,120.00 | |
| 6/17/2013 | John Chisholm | CEO | Sell | 50,000 | $17.56 | $878,000.00 | |
| 6/13/2013 | John Reiland | Director | Sell | 3,000 | $17.50 | $52,500.00 | |
| 6/6/2013 | Marc Kevin Fisher | EVP | Sell | 3,150 | $17.74 | $55,881.00 | |
| 5/14/2013 | John Reiland | Director | Sell | 19,626 | $16.83 | $330,305.58 | |
| 5/14/2013 | Marc Kevin Fisher | EVP | Sell | 6,000 | $16.84 | $101,040.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Flotek Industries (NYSE:FTK)
Latest Headlines for Flotek Industries (NYSE:FTK)
| Source: |
|
| Date | Headline |
|---|
 | Flotek Industries (FTK) Presents At Stephens Energy Executive Summit - Slideshow
seekingalpha.com - May 22 at 4:55 PM |
 | Flotek Industries, Inc. Releases Material Customer Trend And Product Information
finance.yahoo.com - May 16 at 11:40 AM |
 | Flotek Industries Inc (FTK) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - May 8 at 8:30 PM |
| Seaport Global Securities Weighs in on Flotek Industries Inc's Q3 2017 Earnings (FTK)
www.americanbankingnews.com - May 8 at 8:59 AM |
| Edited Transcript of FTK earnings conference call or presentation 4-May-17 12:30pm GMT
finance.yahoo.com - May 5 at 10:33 PM |
| Flotek Industries, Inc. breached its 50 day moving average in a Bullish Manner : FTK-US : May 4, 2017
finance.yahoo.com - May 5 at 5:31 PM |
| Flotek Industries, Inc. – Value Analysis (NYSE:FTK) : May 5, 2017
finance.yahoo.com - May 5 at 5:31 PM |
 | Shares of Flotek Industries Crash 13% on Disappointing Earnings
www.fool.com - May 4 at 2:41 PM |
 | Mid-Morning Market Update: Markets Edge Lower; Viacom Beats Q2 Expectations
www.nasdaq.com - May 4 at 12:15 PM |
 | Flotek Industries reports 1Q loss
www.cnbc.com - May 4 at 12:15 PM |
| Houston energy tech co. sells business segment to National Oilwell Varco
finance.yahoo.com - May 3 at 5:07 PM |
| Flotek Industries, Inc. Announces First Quarter 2017 Results And Conference Call Information
finance.yahoo.com - May 3 at 5:07 PM |
| Flotek Industries (FTK) Getting Somewhat Critical Press Coverage, Report Finds
www.americanbankingnews.com - May 3 at 9:28 AM |
| Flotek Chemist Recognized For Contributions To Surfactant Chemistry With Samuel Rosen Memorial Award
finance.yahoo.com - May 2 at 7:54 PM |
| Flotek Industries, Inc. Announces Agreement To Divest Drilling Technologies Segment
finance.yahoo.com - May 2 at 7:54 PM |
| Somewhat Favorable News Coverage Very Likely to Affect Flotek Industries (FTK) Share Price
www.americanbankingnews.com - April 30 at 6:04 PM |
 | Flotek Industries Announces First Quarter 2017 Results Reporting Schedule
www.marketwatch.com - April 27 at 5:53 PM |
| Flotek Industries (FTK) Given Daily Coverage Optimism Rating of 0.28
www.americanbankingnews.com - April 27 at 1:08 AM |
| Flotek Appoints Danielle Allen To Lead Global Communications, Marketing And Technology Commercialization
finance.yahoo.com - April 25 at 11:17 AM |
| Positive Press Coverage Very Likely to Impact Flotek Industries (FTK) Stock Price
www.americanbankingnews.com - April 22 at 9:35 AM |
| Positive News Coverage Extremely Likely to Affect Flotek Industries (FTK) Share Price
www.americanbankingnews.com - April 19 at 8:05 AM |
| Flotek Industries Inc (FTK) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 18 at 7:16 PM |
| Flotek Industries (FTK) Earns Daily News Sentiment Score of 0.31
www.americanbankingnews.com - April 15 at 11:45 AM |
| Flotek Industries, Inc. breached its 50 day moving average in a Bearish Manner : FTK-US : April 14, 2017
finance.yahoo.com - April 14 at 10:01 AM |
| Where Superior Energy Stands amid the US Rig Count in 1Q17
finance.yahoo.com - April 13 at 10:54 AM |
| Flotek Industries (FTK) Presents At IPAA 23rd Annual Oil & Gas Investment Symposium - Slideshow
seekingalpha.com - April 7 at 9:53 AM |
| Federal Court Dismisses Lawsuit Against Flotek
finance.yahoo.com - April 7 at 9:53 AM |
 | Best Oilfield Services Stocks in 1Q17 by Returns
us.rd.yahoo.com - April 3 at 5:33 PM |
| Flotek Industries (FTK) Presents At Scotia Howard Weil 45th Annual Energy Conference - Slideshow
seekingalpha.com - March 30 at 5:45 PM |
| Flotek Industries CEO to Present at IPAA's Oil & Gas Investment Symposium
finance.yahoo.com - March 30 at 5:45 PM |
| Flotek Industries CEO to Present at Young Jewish Presidents' CEO Forum
finance.yahoo.com - March 28 at 11:44 AM |
| Flotek Industries CEO to Present at Scotia Howard Weil Energy Conference
finance.yahoo.com - March 24 at 8:46 AM |
| FLOTEK INDUSTRIES INC/CN/ Files SEC form 8-K/A, Change in Directors or Principal Officers
biz.yahoo.com - March 23 at 5:49 PM |
| Baron Funds Comments on Flotek Industries
finance.yahoo.com - March 16 at 6:37 PM |
| Flotek Industries CEO to Present at EnerCom's The Oil & Gas Conference®
finance.yahoo.com - March 1 at 5:00 PM |
| How Flotek Industries Is Valued versus Peer Stocks
us.rd.yahoo.com - March 1 at 12:23 PM |
| Is Flotek Industries’ Debt Rising?
us.rd.yahoo.com - February 28 at 5:29 PM |
| Flotek Appoints Matt Marietta To Lead Investor Relations And Corporate Development
us.rd.yahoo.com - February 27 at 7:11 PM |
| Can The Uptrend Continue for Flotek Industries (FTK)? - Nasdaq
www.nasdaq.com - February 24 at 11:09 AM |
| Can The Uptrend Continue for Flotek Industries (FTK)?
finance.yahoo.com - February 24 at 11:09 AM |
| FLOTEK INDUSTRIES INC/CN/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exh
biz.yahoo.com - February 17 at 8:56 AM |
| FLOTEK INDUSTRIES INC/CN/ Financials
finance.yahoo.com - February 14 at 6:24 PM |
| Flotek Industries' (FTK) CEO John Chisholm on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 10 at 10:57 PM |
 | Houston energy tech co. to divest business segments
www.bizjournals.com - February 10 at 5:57 PM |
| Flotek Industries Earnings Missed Expectations, Shares Surged Anyway
www.fool.com - February 10 at 8:55 AM |
| Mid-Morning Market Update: Markets Open Higher; Twitter Q4 Sales Miss Expectations
www.nasdaq.com - February 9 at 11:01 PM |
| FLOTEK INDUSTRIES INC/CN/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
biz.yahoo.com - February 9 at 5:59 PM |
| Q4 2016 Flotek Industries Inc Earnings Release - After Market Close
biz.yahoo.com - February 8 at 5:51 PM |
| Flotek Industries, Inc. Announces 2016 Financial And Operating Results And Conference Call Information
finance.yahoo.com - February 8 at 5:51 PM |
| FLOTEK INDUSTRIES INC/CN/ Files SEC form 10-K, Annual Report
biz.yahoo.com - February 8 at 5:51 PM |
Flotek Industries (FTK) Chart for Wednesday, May, 24, 2017
